m-Wise has announced it has identified acquisition candidates in its search to acquire a provider of mobile content and content-related services. “The potential acquisition candidate is expected to broaden the service segment of m-Wise’s current offering and enhance its direct-to-consumer approach”.
“The acquisition candidates identified by m-Wise are providers of content and content-related services to the mobile industry. The candidates, based in Europe, the U.S. and Israel, are profitable and have substantial yearly revenue of $4 million to $9 million. The acquisition will integrate the synergies of the mobile content provider with m-Wise’s robust carrier-grade Mobile Originated Message Applications, known as the MOMA platform, a leading Service Delivery Platform (SDP) for value-added services and content”.
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